Khartoum, (Nabaa Sudan) – The Board of Directors of the Sudan Financial Services Company has directed the expedited issuance of new securities to manage liquidity through open market operations, alongside the use of government securities to finance the budget deficit, following the model of Shahama certificates, in coordination with the Ministry of Finance.
The Board, chaired by Central Bank of Sudan Governor Amna Mirghani Hassan Al-Tom, discussed the issuance of the Gold Certificate and sukuk for banks. It also recommended approving an increase in the company’s capital and submitting the proposal to the General Assembly for final approval.
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